- Carbon tax.. With the introduction of a price on carbon from July 1, 2012, personal tax rate scales will change, as will the tax-free threshold which goes up to $18,200 from $6,000. - Flood levy.. Brought in to help rebuild the parts of Australia devastated by the natural disasters of 2010, the flood levy only applies to those earning more than $50,000, and is 0.5% up to $100,000, and 1% above that. It only applies to the 2011-12 financial year, and therefore ends on June 30, 2012. - Baby bonus cut.. The baby bonus is to be cut from $5,400 to $5,000 from September 1, 2012 and the government will pause indexation of the bonus for three years from July 1. - For more details and other tax reforms coming in 2012 please contact us - (February 12)

Online Company Tax Returns for just $600

Our new Online Company Tax Return service involves the submission of a simple online form, which will send us your financials for our review and preparation for lodgment to the ATO. This service offers fast turnaround and all work are performed by CPA qualified staff. Our fee for each Online Company Tax Return is just $600 + gst. Visit the link on our homepage to get started. (February 12)

For any assistance with fulfilling these obligations contact us. (December 11)

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